TCLPX Fees and Costs — Nuveen Lifecycle 2050 Fund, Premier Class
Data updated: 2026-09-25
The net expense ratio is 0.59% (0.81% before fee waivers). There are no sales loads or redemption fees. In fiscal 2026 the fund paid $9K in broker commissions, 0.0002% of average net assets, and portfolio turnover was 24%.
TCLPX Fees and Expenses
Annual operating expenses and sales charges of TCLPX. Prospectus, as of May 31, 2026.
| Annual operating expenses | |
|---|---|
| Management fee | 0.40% |
| 12b-1 fee | 0.15% |
| Other expenses | 0.01% |
| Gross expense ratio | 0.81% |
| Fee waiver | −0.22% |
| Net expense ratio | 0.59% |
| Sales charges | |
|---|---|
| Max front load | 0.00% |
| Max deferred load | 0.00% |
| Redemption fee | 0.00% |
| Expense limitation in place (N-CEN) | Yes |
| Fees waived or reduced during the year | Yes |
| Waived fees subject to recoupment | No |
TCLPX Costs Over Time
On $10,000 invested in TCLPX, assuming 5% a year before costs, total costs come to $372 over 5 years, cutting the return by 0.62% a year. Illustration, not a forecast: it assumes today's net expense ratio throughout (a fee waiver may end).
| $10,000 invested | Sell after 1 year | Sell after 3 years | Sell after 5 years |
|---|---|---|---|
| Value before costs | $10,500 | $11,576 | $12,763 |
| Fund expenses (net expense ratio 0.59%) | $62 | $194 | $338 |
| Trading costs (broker commissions) | $0 | $0 | $0 |
| Lost growth on money paid in costs | $0 | $10 | $34 |
| Total costs | $62 | $204 | $372 |
| Value after costs | $10,438 | $11,372 | $12,391 |
| Impact on return, per year | 0.62% | 0.62% | 0.62% |
TCLPX Trading Costs
Brokerage costs reported on SEC Form N-CEN for the fiscal year ending May 31, 2026.
- Explicit cost rate (commissions ÷ average net assets): 0.0002%
- Total broker commissions: $9K
- Bought from dealers (principal trades, not a cost): $1.1B
- Portfolio turnover (prospectus): 24%
- Securities lending: none during the year
TCLPX Agency Brokers
Commissions paid.
| Broker | Amount | Share |
|---|---|---|
| CITADEL SECURITIES INSTITUTIONAL LLC | $7K | 75.17% |
| JANE STREET EXECUTION SERVICES, LLC | $2K | 22.32% |
| BOFA SECURITIES, INC. | $235 | 2.52% |
TCLPX Dealer Counterparties
Securities bought directly from dealers (principal trades).
| Broker | Amount | Share |
|---|---|---|
| BNY Mellon Capital Markets, LLC | $640.7M | 57.48% |
| State Street Global Markets, LLC | $356.4M | 31.98% |
| CITADEL SECURITIES INSTITUTIONAL LLC | $66.1M | 5.93% |
| JANE STREET EXECUTION SERVICES, LLC | $20.9M | 1.88% |
| Nomura Securities International, Inc. | $11.2M | 1.00% |
| Wells Fargo Securities, LLC | $5.8M | 0.52% |
| Toronto Dominion Bank | $4.7M | 0.42% |
| Barclays Capital Inc. | $3.3M | 0.30% |
| MIZUHO SECURITIES, INC | $2.9M | 0.26% |
| RBC CAPITAL MARKETS, LLC | $2.6M | 0.23% |
Nuveen Lifecycle 2050 Fund Share Classes
Net expense ratio and maximum front-end load of each share class, cheapest first.
| Ticker | Class | Net expense ratio | Front load |
|---|---|---|---|
| TFTIX | Class R6 | 0.44% | none |
| TFTHX | Class I | 0.52% | none |
| TCLPX | Premier Class | 0.59% | none |
| TLFRX | Retirement Class | 0.69% | none |
For information only. Not investment advice: figures are as reported in SEC filings and may contain errors or be out of date. Past performance does not guarantee future results.